IMMO-HEUSEUX: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
IMMO-HEUSEUX
Largest movements
- Receivables within one year +€8,475
up €8,475 (+4.9%), from €174,585 to €183,060
- Tangible fixed assets -€2,280
down €2,280 (-5.6%), from €40,604 to €38,324
of which Plant, machinery and equipment: -€2,280
- Profit (loss) carried forward +€8,240
up €8,240 (+349%), from €2,361 to €10,601
- Trade debts -€3,637
down €3,637 (-45.1%), from €8,060 to €4,423
- Gross operating margin +€6,937
up €6,937 (+90.5%), from €7,662 to €14,600
- Taxes +€697
new in 2025: €697
- Other operating charges +€388
up €388 (+15.2%), from €2,553 to €2,942
- Depreciation -€220
down €220 (-8.8%), from €2,500 to €2,280
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €215,768 | €221,501 | +€5,733 | +2.7% |
| Fixed assets | 21/28 | €40,604 | €38,324 | -€2,280 | -5.6% |
| Tangible fixed assets | 22/27 | €40,604 | €38,324 | -€2,280 | -5.6% |
| Land and buildings | 22 | €28,587 | €28,587 | = | 0.0% |
| Plant, machinery and equipment | 23 | €7,794 | €5,514 | -€2,280 | -29.3% |
| Assets under construction and advance payments | 27 | €4,223 | €4,223 | = | 0.0% |
| Current assets | 29/58 | €175,164 | €183,177 | +€8,013 | +4.6% |
| Amounts receivable within one year | 40/41 | €174,585 | €183,060 | +€8,475 | +4.9% |
| Other amounts receivable | 41 | €174,585 | €183,060 | +€8,475 | +4.9% |
| Cash at bank and in hand | 54/58 | €579 | €117 | -€462 | -79.7% |
| Total equity and liabilities | 10/49 | €215,768 | €221,501 | +€5,733 | +2.7% |
| Equity | 10/15 | €205,507 | €214,181 | +€8,674 | +4.2% |
| Contributions | 10/11 | €197,000 | €197,000 | = | 0.0% |
| Capital | 10 | €197,000 | €197,000 | = | 0.0% |
| Issued capital | 100 | €197,000 | €197,000 | = | 0.0% |
| Reserves | 13 | €6,147 | €6,580 | +€434 | +7.1% |
| Non-distributable reserves | 130/1 | €4,300 | €4,734 | +€434 | +10.1% |
| Legal reserve | 130 | €4,300 | €4,734 | +€434 | +10.1% |
| Distributable reserves | 133 | €1,847 | €1,847 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,361 | €10,601 | +€8,240 | +349% |
| Amounts payable | 17/49 | €10,260 | €7,320 | -€2,941 | -28.7% |
| Amounts payable within one year | 42/48 | €10,260 | €7,320 | -€2,941 | -28.7% |
| Trade debts | 44 | €8,060 | €4,423 | -€3,637 | -45.1% |
| Suppliers | 440/4 | €8,060 | €4,423 | -€3,637 | -45.1% |
| Taxes, remuneration and social security | 45 | - | €697 | +€697 | |
| Taxes | 450/3 | - | €697 | +€697 | |
| Other amounts payable | 47/48 | €2,200 | €2,200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,500 | €2,280 | -€220 | -8.8% |
| Other operating charges | 640/8 | €2,553 | €2,942 | +€388 | +15.2% |
| Non-recurring operating charges | 66A | €1,398 | - | -€1,398 | |
| Gross operating margin | 9900 | €7,662 | €14,600 | +€6,937 | +90.5% |
| Operating profit (loss) | 9901 | €1,211 | €9,378 | +€8,167 | +674% |
| Financial charges | 65/66B | €38 | €8 | -€30 | -80.0% |
| Recurring financial charges | 65 | €38 | €8 | -€30 | -80.0% |
| Profit (loss) for the period before taxes | 9903 | €1,174 | €9,371 | +€8,197 | +698% |
| Income taxes | 67/77 | - | €697 | +€697 | |
| Profit (loss) for the period | 9904 | €1,174 | €8,674 | +€7,500 | +639% |
| Profit (loss) for the period to be appropriated | 9905 | €1,174 | €8,674 | +€7,500 | +639% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.